Zimbabwe is taking another step to rebuild trust in its troubled currency with the launch of redesigned Zimbabwe Gold (ZiG) banknotes. The new BiG5 series—featuring iconic wildlife—aims to inspire national pride while reinforcing confidence in the gold-backed monetary system introduced in 2024. The rollout begins with 10, 20, and 50 ZiG notes, with higher denominations expected later based on demand. This aesthetic facelift is part of a high-stakes campaign to encourage citizens to reduce reliance on US dollars and South African rand. With inflation hitting historic lows of 4.1% and reserves swelling to $1.2 billion, the central bank feels the timing is perfect. Old ZiG notes will remain valid, ensuring a smooth transition without disrupting everyday transactions.
Africanews
